Financial Management

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Enroll now in one of our upcoming classes or seminars.

To register with a Purchase Order (PO), complete the Registration Form and submit a copy of the PO.

PO Registration Form

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Contact

For questions about registration, please contact:

Louis (Lou) Demian
Secretarial Assistant III
848-932-4739
Email

Overview

This series of courses is designed to train municipal and county finance personnel in the responsibility of everyday fiscal operations. All eight courses are required for the state designation of Certified Municipal Finance Officer (CMFO).

The required courses:

  • Municipal Finance Administration (no prerequisites)
  • Municipal Budget Preparation (no prerequisites)
  • Municipal Current Fund Accounting I (prerequisite: Municipal Budget Preparation, Introduction to Accounting)
  • Municipal Current Fund Accounting II (prerequisite: Municipal Current Fund Accounting I)
  • Municipal Capital and Trust Fund Accounting (prerequisite: Municipal Current Fund Accounting II)
  • Municipal Utility Fund Accounting (prerequisite: Municipal Capital and Trust Fund Accounting)
  • Principles of Financial Management (prerequisite: Municipal Utility Fund Accounting)
  • Preparation of Annual Financial Statements (prerequisite: Principles of Financial Management)

We also offer the Certified Municipal Finance Officers' Examination Review: Statutes Section and Certified Municipal Finance Officers' Examination Review: Accounting Section courses. These courses are not required but are highly recommended for those who plan to sit for the State exam. 

The Municipal Finance Administration (MFA) for CMFOs course is an option for the designation of Certified Municipal Clerk, Qualified Purchasing Agent, and/or Registered Public Purchasing Official/Specialist, the alternatives being MFA for Clerks and MFA for Public Purchasing Personnel.

Municipal finance officers, treasurers, clerks, purchasing agents, tax collectors, commissioners of finance, council members, other municipal officials, and interested citizens are invited to enroll in the courses as long as the prerequisites are satisfied.

Introduction to Accounting

The CMFO curriculum includes a prerequisite of basic accounting knowledge to ensure that students are adequately prepared to complete the program. A minimum of six credits in Introduction to Financial Accounting and/or Managerial Accounting (Accounting 101 and 102) at the college level, or completion of the Introduction to Accounting course, is required prior to attendance in the Current Fund I and subsequent accounting courses. An opportunity to "test out” the introduction course is available for individuals whose experience with accounting principles has prepared them to meet the demands of the curriculum. To make arrangements to take the test,  email ldemian@docs.rutgers.edu;  the exam administration carries a $150 fee.

County Fiscal Operations for CCFO

Those wishing to become Certified County Finance Officers must successfully complete the County Fiscal Operations course. The course covers county government structure, state role in operations, legislative process, PERS, PFRS & deferred compensation, budgeting, CAPs, tax equalization, trust funds and grant accounting, capital finance, Local Bond Law, debt administration and reporting, treasury management, accounting, audit and financial reporting, audit requirements, and public procurement. Prerequisite: all accounting courses. 

State Exam Requirements and Certification Information

For complete certification requirements for the CMFO designation, see N.J.S.A. 40A:9-140.1-3.

All eight courses are required before taking the New Jersey State CFMO exam. This state licensing exam is administered by the Division of Local Government Services, New Jersey Department of Community Affairs (DCA) twice a year. Additional information and the DCA application form are available at the DCA website. 

For additional information on becoming a CMFO or CCFO, contact the Certification Unit, Division of Local Government Services, New Jersey Department of Community Affairs, at dlgs.certification@dca.nj.gov.

Request Duplicate Certificate 

 

Course Schedule

All registrations for online/distant learning and in-person courses must be received NO LATER than three business days before the class begins. Late registrations will NOT be accepted.

Please visit the Registration page for important information regarding online course expectations and registration.

Introduction to Accounting
FM-2101-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2101-FA25-1

9/17, 9/24, 10/1, 10/8, 10/15, 10/22

5:30 PM - 8:30 PM

Shirley Mendez-Marcano

$575.00

Online: Canvas & Zoom


Course Code: FM-2101-FA25-2

10/21, 10/28, 11/4, 11/11, 11/25, 12/2, 12/9

5:30 PM - 8:00 PM

James Tricarico

$575.00

Online: Canvas & Zoom


Course Code: FM-2101-SU25-1

7/1, 7/8, 7/15, 7/22 , 7/29, 8/5

5:30 PM - 8:30 PM

Shirley Mendez-Marcano

$575.00

Online: Canvas & Zoom


Course Code: FM-2101-SU25-2

8/6, 8/13, 8/20, 8/27, 9/3, 9/10

5:30 PM - 8:30 PM

James Tricarico

$575.00

Online: Canvas & Zoom


Municipal Finance Administration 
FM-2102-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2102-FA25-1

8/26, 9/2, 9/16, 9/23, 9/30, 10/7, 10/14

5:30 PM - 9:30 PM

Candice Pennewell

$821.00

Online: Canvas & Zoom


Course Code: FM-2102-FA25-2

8/28, 9/4, 9/11, 9/18, 9/25, 10/2, 10/9

5:30 PM - 9:30 PM

Cynthia Lindsay

$821.00

Online: Canvas & Zoom


Course Code: FM-2102-FA25-3

9/3,  9/10, 9/17, 9/24, 10/1, 10/8, 10/15

5:00 PM-9:00 PM

Joseph Kovalcik & Jason Gabloff

$821.00

Online: Canvas & Zoom


Course Code: FM-2102-FA25-4

10/23, 10/30, 11/6, 11/13, 11/20, 12/4, 12/11

5:30 PM - 9:30 PM

Issa Abbasi

$821.00

Online: Canvas & Zoom


Course Code: FM-2102-SU25-1

7/17, 7/24, 7/31, 8/7, 8/14, 8/21, 8/28

6:00 PM - 10:00 PM

Candice Pennewell

$821.00

Online: Canvas & Zoom

Course Full


Municipal Budget Process
FM-2103-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2103-FA25-1

9/4, 9/11, 9/18, 9/25, 10/2, 10/9, 10/16, 10/23

5:30 PM - 9:30 PM

Issa Abbasi

$944.00

Online: Canvas & Zoom


Course Code: FM-2103-FA25-2

10/20, 10/22, 10/27, 10/29, 11/3, 11/5, 11/10, 11/12, 11/17, 11/24

5:30 PM - 8:30 PM

Joseph Monzo

$944.00

Online: Canvas & Zoom


Course Code: FM-2103-FA25-3

10/23, 10/30, 11/6, 11/13, 11/20, *11/25, 12/4, 12/11

5:30 PM - 9:30 PM

Cynthia Lindsay

$944.00

Online: Canvas & Zoom


Course Code: FM-2103-SU25-1

6/19, 6/26, 7/3, 7/10, 7/17, 7/24, 8/7, 8/14, 8/21, 8/28

5:30 PM - 8:30 PM

Jason Gabloff

$944.00

Online: Canvas & Zoom


Municipal Current Fund Accounting 1
FM-2104-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2104-FA25-1

9/26, 10/3, 10/10*, 10/17*

8:30 AM-4:30 PM, *8:00 AM-12:00 PM

Maureen Mitchell

$760.00

Online: Zoom


Course Code: FM-2104-SU25-1

7/15, 7/22, 7/29, 8/5, 8/12, 8/19

6:00 PM - 10:00 PM

Jill Goldy

$760.00

Online: WebEx


Municipal Current Fund Accounting 2
FM-2105-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2105-FA25-1

9/9, 9/16, 9/23, 9/30*, 10/7, 10/14, 10/21, 10/28*

6:00 PM-10:00 PM, *5:30 PM-10:00 PM

Jill Goldy

$1037.00

Online: WebEx


Course Code: FM-2105-FA25-2

10/20, 10/27, 11/3, 11/10, 11/17, 11/24, 12/1*

3:00 PM-8:00 PM, *3:00 PM-6:00 pm

Maureen Mitchell

$1037.00

Online: Zoom


Municipal Capital and Trust Fund Accounting
FM-2106-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2106-FA25-1

10/22, 10/29, 11/5, 11/12, 11/19, 11/26, 12/3, 12/10 12/17

5:00 PM-9:30 PM

Joseph Kovalcik & Jason Gabloff

$1222.00

Online: Canvas & Zoom


Municipal Utility Fund Accounting
FM-2107-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2107-FA25-1

9/18, 9/25, 10/2, 10/9, 10/16, 10/23, 10/30, 11/6, 11/13, 11/20, 12/4

5:30 PM - 8:30 PM

Shirley Mendez-Marcano

$1037.00

Online: Canvas & Zoom


Course Code: FM-2107-FA25-2

10/2, 10/9, 10/16, 10/23, 10/30, 11/6, 11/13, 11/24*, 12/4, 12/11, 12/18

5:30 PM - 8:30 PM

Sean Kemp

$1037.00

Online: Canvas & Zoom


Course Code: FM-2107-SU25-1

7/2*, 7/9, 7/16, 7/23, 7/30*, 8/6 , 8/13, 8/27, 9/3, 9/10*

5:30 PM - 8:30 PM * 5:30 PM - 9:30 PM

Shirley Mendez-Marcano

$1037.00

Online: WebEx


Principles of Financial Management
FM-2108-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2108-FA25-1

9/25, 10/2, 10/9, 10/16, 10/23, 10/30, 11/6

5:30 PM - 9:30 PM

Candice Pennewell

$883.00

Online: Canvas & Zoom


Course Code: FM-2108-SU25-1

7/1, 7/8, 7/15, 7/22, 7/29, 8/5, 8/12

6:00 PM - 10:00 PM

Candice Pennewell

$883.00

Online: WebEx


Preparation of Annual Financial Statements
FM-2109-SU25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2109-SU25-1

8/6, 8/13, 8/20, 8/27, 9/3, 9/10, 9/17, 9/24, 10/1, 10/8

5:30 PM - 9:30 PM

Joseph Luppino

$1222.00

Online: WebEx


Certified Municipal Finance Officers' Examination Review: Statutes Section
FM-2110-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2110-FA25-1

9/12, 9/19, 9/26

8:30 AM-4:00 PM

Jill Goldy

$713.00

In Person; 3 Rutgers Plaza; New Brunswick; LLC


Certified Municipal Finance Officers' Examination Review: Accounting Section
FM-2111-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2111-FA25-1

10/17, 10/24, 10/31, 11/7

9:00 AM-2:00 PM

Joseph Luppino

$644.00

In Person; 3 Rutgers Plaza; New Brunswick; LLC


County Fiscal Operations for CCFO
FM-2112-FA25
Date(s)
Time(s)
Instructor(s)
Fee
Location(s)
Action

Course Code: FM-2112-FA25-1

11/24, 12/1, 12/8, 12/15, 12/22, 1/5, 1/12, 1/19, 1/26

5:30 PM-9:15 PM

Joseph Luppino

$1037.00

Online: WebEx


Continuing Education Information

The financial management program courses are approved by the New Jersey State Board of Accountancy for CPE credit under New Jersey sponsor number 703.

4.5 hours

This course will assist public officials in making informed strategic financial decisions that will stabilize a local government’s operating and capital budget. The 4.5-hour program will focus on the importance on multi-year budgeting, capital planning and cost containment strategies. Topics will include review and analysis of Local Budget Law; strategic budget & revenue planning; shared service agreements opportunities and cost containment analysis; capital planning and debt planning.